After the indiscretion of the last few hours, further updates arrive regarding the interest in theInter advanced by the Saudi royal family. The royal family of Arabia, which hit the European news for its intention to purchase Inter, taking it over from Zhang, however, seems to face an obstacle. According to La Repubblica, the Saudis do not have the support of the sovereign fund, “which has changed its attitude towards investments in football. And is trying to gather a private equity consortium. Inter’s accounts are being studied by an English legal giant”, we read . In detail, this pool has received the task of collecting as much information as possible on Inter’s financial situation, by sending official documents, budget reports and even the minutes of the most recent board meetings.
The Saudi investors who started this survey, a possible prelude to a real due diligence, want to fully understand the financial state of the Nerazzurri club before deciding whether to proceed with the next steps. Returning to PIF, according to the Roman newspaper “iThe Saudi sovereign fund has signed the option to buy Inter, refusing to participate in the operation that had been proposed to her by a rich family of the kingdom. Hence the family’s decision to proceed alone.”
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